The Commodities Feed: Oil advances as US tightens pressure on Iran

Energy – EIA reports surprise increase in crude inventories Oil extended its rally for a fifth consecutive day after US President Donald Trump announced measures to intensify economic pressure on Iran. ICE Brent climbed above $92/bbl, while NYMEX WTI traded above $86/bbl on Thursday morning, supported by concerns over tighter sanctions enforcement. Trump also warned ...

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